Most of the rules and regulations regarding business norms, liability, ownership, commerce, licencing and related matters, whether set up for ill- or well-intentioned purposes, have become meaningless or even detrimental in the new economies of networked sharing, reputation, open source design, co-operative communities, DIY industry and social entrepreneurship. Indeed, I’d go so far as to say these conflicts with the legal paradigms of the old economy are the main obstacle holding back a utter renaissance of community strength, creativity, problem-solving, beauty and abundance.
Enter the Berkeley-based Sustainable Economics Law Center (SELC) that uses legal practice and law expertise to help foster the sharing economy, collaborative and cooperative enterprises and other sustainable, community-oriented efforts.
In this presentation from last year, hear the co-directors of SELC, Janelle and Jenny, explain the social and legal implications of the networked sharing economy.
If you enjoyed this talk and are interested in the legal aspects of the sharing economy, check out this book published by one of SELC lawyers: